All-Spend Film and Video Production Tax Credit

The All-Spend Film and Video Production Tax Credit is a refundable corporate income tax credit that is available to eligible corporations at the rate of 40% of eligible production costs, to a maximum tax credit of $20 million annually per project. Eligible production costs may include:

Eligible salaries
Eligible service contract expenditures
Parent-subsidy amounts
Eligible tangible property expenditures, and
Eligible accommodation expenditures

To qualify for this tax credit, a corporation must first submit a Part I application to the Newfoundland and Labrador Film Development Corporation prior to the commencement of the production.

Registration in this program will not be granted where the production is registered as an eligible project under the Film and Video Industry Tax Credit Regulations or where the production has received funding under the Film and Television Equity Investment Program.

Once registered for this program, eligible corporations must claim their credit by submitting a Part II application within 18 months of the end of their taxation year. Upon approval of the credit from the Department of Finance, the eligible corporation will be issued a tax credit certificate to attach to their T2 return.

All-Spend Film and Video Production Tax Credit Registration Application (Part I)

All-Spend Film and Video Production Tax Credit Application (Part II)

For more information on this program please contact the Tax Administration Division.